E-mini S&P 500 DECEMBER 2022 has broken through the resistance line of a Ascending Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 4 days and suggests a possible target level to be around 3828.8060 within the next 8 hours.
Related Posts
Brent Crude is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 2 days.
Brent Crude is heading towards the resistance line of a Rising Wedge and could reach this point within…
Will Silver Spot break through the support level it tested before?
Silver Spot is heading towards a line of 29.3610. If this movement continues, the price of Silver Spot…
Gold Spot is signaling a possible trend reversal on the intraday charts with price not breaching support.
Gold Spot is trapped in a Triangle formation, implying that a breakout is Imminent. This is a great…